2020
DOI: 10.1080/15732479.2020.1857794
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Value of information of combinations of proof loading and pore pressure monitoring for flood defences

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Cited by 6 publications
(4 citation statements)
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“…The applications of VOI on flood mitigation include the quantification of benefits of forecasting for flood warnings (Verkade & Werner, 2011), the design of stage monitoring systems (Alfonso & Price, 2012), the monitoring of flood dikes to improve breaching models (Schweckendiek & Vrouwenvelder, 2015;van der Krogt et al, 2022), optimal dike investments under uncertainty (Thorne et al, 2015;van der Pol et al, 2014), and the value of probabilistic flood maps to support decisionmaking (Alfonso et al, 2016). Although the application themes are varied, the term "VOI" is mostly used loosely in FRM literature, not following the technical definition presented in this article: the value a decision-maker is willing to pay for extra information before deciding.…”
Section: Voi Use In Frmmentioning
confidence: 99%
See 1 more Smart Citation
“…The applications of VOI on flood mitigation include the quantification of benefits of forecasting for flood warnings (Verkade & Werner, 2011), the design of stage monitoring systems (Alfonso & Price, 2012), the monitoring of flood dikes to improve breaching models (Schweckendiek & Vrouwenvelder, 2015;van der Krogt et al, 2022), optimal dike investments under uncertainty (Thorne et al, 2015;van der Pol et al, 2014), and the value of probabilistic flood maps to support decisionmaking (Alfonso et al, 2016). Although the application themes are varied, the term "VOI" is mostly used loosely in FRM literature, not following the technical definition presented in this article: the value a decision-maker is willing to pay for extra information before deciding.…”
Section: Voi Use In Frmmentioning
confidence: 99%
“…They are all based on a Bayesian statistical framework; hence, uncertainty must be modeled through probability theory. The key concept in calculating VOI is updating a prior belief about plausible values for a parameter with the support for likely values of that parameter drawn from additional information, also referred to as Bayesian pre-posterior analysis (van der Krogt et al, 2022). Among the VOI variants, the expected value of perfect information (EVPI) and the expected value of perfect partial information (EVPPI) are two of the most used in healthcare economics, and are used in this article.…”
Section: Voi Estimationmentioning
confidence: 99%
“…The slope instability project developed a step-by-step plan for the detailed modelling of the strength of a flood defence. This involved using specific soil investigation and monitoring and advanced calculation techniques, including probabilistic failure probability analyses and failure probability updating, to estimate the actual current strength for the slope-instability failure mechanism as closely as possible [33][34][35][36][37]. Applying the step-by-step plan reduced the need for reinforcement on many projects, and at some locations, reinforcement proved to no longer be necessary.…”
Section: Monitoring Knowledge and Innovationmentioning
confidence: 99%
“…Examples are assessments using physics-based system performance models, such as those found in structural reliability applications [13,31]. In this context, the value of information concept is applied mainly for optimization of inspection and monitoring schemes [e.g., 32,33,34,35,36,37,38]. Rather surprisingly, its use as a sensitivity metric has received little attention.…”
Section: Introductionmentioning
confidence: 99%